December 27, 2024 United States: US Continuing Claims Rise to Highest in More Than Three Years   Recurring applications for US unemployment benefits rose to the highest in more than three years, adding to signs that it is taking longer for out-of-work people to find a job.   Continuing applications, a proxy for the number

December 24, 2024 United States: Fed Seeks to Smooth Capital Changes in Bank Stress Tests   The   US Federal Reserve will overhaul its stress tests of big US banks to smooth out changes in required capital levels from year to year under a proposal outlined by the central bank on Monday.   Results from the

December 23, 2024 United States: Orders for US Business Equipment Rise by Most in Over a Year   Orders placed with US factories for business equipment rebounded in November, posting the strongest monthly advance in over a year.   The value of core capital goods orders, a proxy for investment in equipment excluding aircraft and

December 20, 2024 United States: Fed’s Favored Inflation Gauge Cools to Slowest Pace Since May   The Federal Reserve’s preferred measure of underlying inflation was muted in November, a step in the right direction for policymakers looking to cut interest rates further in 2025.   The so-called core personal consumption expenditures price index, which excludes food

December 19, 2024   United States: US GDP Revised Up to 3.1% on Stronger Consumer Spending, Exports   The US economy expanded at a faster pace in the third quarter than previously estimated, owing in part to stronger consumer spending and exports.   Gross domestic product increased at a 3.1% annualized rate in the third